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AMERIGROUP Reports Q1 Net Income of $36.9 Million or $0.69 per Diluted Share
Date:5/1/2009

ws from operating activities: Net income $36,909 $33,637 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 8,326 8,777 Loss on disposal of property, equipment and software 21 166 Deferred tax expense 4,894 1,158 Compensation expense related to share-based payments 2,924 2,272 Long-term convertible debt interest 2,494 2,336 Other 242 - Gain on sale of contract rights (5,810) - Changes in assets and liabilities increasing (decreasing) cash flows from operations: Premium receivables 2,129 (3,304) Prepaid expenses, provider and other receivables and other current assets (22,830) 28,245 Other assets 522 (2,402) Claims payable 34,328 (34,326) Unearned revenue (17,100) (16,992) Accounts payable, accrued expenses and other current liabilities (6,739) (26,477) Other long-term liabilities (4,204) 307 ------ --- Net cash provided by (used in) operating activities 36,106 (6,603) ------ ------ Cash flows from investing activities: (Purchase) proceeds from sale o
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Related medicine news :

1. Dr. Yvonne Sanders-Butler of Atlanta Honored as Healthy Hero By the AMERIGROUP Foundation
2. AMERIGROUP Corporation to Discuss First Quarter Earnings on May 1
3. AMERIGROUP Corporation to Present at the Goldman Sachs Leveraged Finance Healthcare Conference on April 8
4. AMERIGROUP Corporation to Present at the Barclays Capital Global Healthcare Conference on March 10
5. AMERIGROUP Foundation and Union City Board of Education Announce Winners of Word About Health Contest
6. AMERIGROUP Reports Q4 Net Income of $37.3 Million or $0.70 Per Diluted Share
7. AMERIGROUP Corporation Elects Emerson U. Fullwood to Board of Directors
8. AMERIGROUP Names Finley Chief Compliance Officer
9. AMERIGROUP Health Plan in Nevada Begins Serving Medicaid Enrollees
10. AMERIGROUP Corporation to Discuss Fourth Quarter Earnings on February 19
11. Atlanta Educator Kim Bearden Honored as Healthy Hero by AMERIGROUP Foundation
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